Question 10 a. O units Show Transcribed Text b. 200 units Price c. 1800 units d. 2000 units $20 $30 $40 $50 $60 $70 $80 Quantity Demanded 2400 2000 1600 1200 800 400 c Quantity Supplied 0 200 400 600 Refer to the table above. Suppose the government imposes a price floor of $30 on this market. What will be the size of the surplus in this market? 800 1000 1200
Question 10 a. O units Show Transcribed Text b. 200 units Price c. 1800 units d. 2000 units $20 $30 $40 $50 $60 $70 $80 Quantity Demanded 2400 2000 1600 1200 800 400 c Quantity Supplied 0 200 400 600 Refer to the table above. Suppose the government imposes a price floor of $30 on this market. What will be the size of the surplus in this market? 800 1000 1200
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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